Following an improvement in Thai tourism during the festive season in December, the industry faced a rocky start to the New Year due to the rise of Omicron, the highly transmissible Covid-19 variant. The fresh wave of infections prompted the government to put stringent measures in place by suspending the Test & Go scheme, hindering […]
Read MoreThe baht opened at 33.00 to the US dollar on Wednesday, strengthening from Tuesday’s closing rate of 33.05. The Thai currency is likely to move between 32.90 and 33.10 during the day, Krungthai Bank market strategist Poon Panichpibool predicted. Poon said the baht is volatile and likely to swing sideways. However, it might weaken before […]
Read MoreThailand plans to ban digital asset operators from facilitating use of crypto as a means of payment for goods and services, its central bank and market regulator said on Tuesday, in a bid to limit risks. Digital asset business operators have expanded their businesses to cover services related to the use of digital assets as […]
Read MoreThe easing of Covid-19 prevention measures and allowing booze to be served until 11pm only applies to restaurants, not pubs, bars or karaoke joints, Public Health Minister Anutin Charnvirakul reiterated on Monday. The Centre of Covid-19 Situation Administration (CCSA) last week agreed to allow restaurants that meet all safety standards to extend the time they […]
Read MoreThe Finance Ministry confirmed on Monday that it will not cut fuel tax, pointing out that this would be the government’s last measure in maintaining fuel prices. Earlier, the Energy Policy and Planning Office had proposed that the fuel tax be cut to reduce pressure on the Oil Fund. Finance Minister Arkhom Termpittayapaisith said the ministry will […]
Read MoreThai food prospects remain promising, with exports forecast to grow by 8.4% this year driven by higher global demand and a rise in the prices of commodities, energy and logistics. According to Anong Paijitprapaporn, director of the National Food Institute, food exports are expected to fetch 1.2 trillion baht this year, which is likely to […]
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Thailand
